21 Mechanic Street
About This Property
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 19, 2023 | Sold | ||
| Sold | |||
| Aug 11, 2023 | Listed by Listwithfreedom.com | $249,900 | |
| Listed by Listwithfreedom.com | |||
| Apr 27, 2020 | Sold | ||
| Sold | |||
| Feb 5, 2020 | Listed by R.H. Thackston & Company | $139,900 | |
| Listed by R.H. Thackston & Company | |||
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A great opportunity is what you will find here! Affordable, flexible and comfort on over an acre lot!!! This home is a single family home with a potential In-Law apartment on the 2nd floor. First floor boasts three bedrooms, country kitchen and living room. On the second floor you will find an additional kitchen, one bedroom, separate living room, den and bathroom. Many possibilities at a great price!
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| Nov 3, 2019 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017